The Lada Classic, little changed for 40 years, provided the overriding image of the Russian car industry in the Soviet era. Now Western companies are investing heavily in Russian plants and as domestic demand rockets, the nation’s car market is set to become Europe’s largest. Meanwhile Lada is planning to export its Granta model, developed with Renault, to countries including Germany and France.
Russia – a rare jewel for car makers
THE CAR industry is already an important part of the Russian economy and has potentially good times ahead.[[quote]]
It employs around 600,000 people, one per cent of the country's labour force,...